XRP has seen a significant surge of 44.40% in the past week, reaching a seven-year high and claiming a market capitalization of $191.77 billion. In contrast, Ethereum has only gained 2.63% in the same period and is currently valued at $405 billion. XRP has consistently outperformed Ethereum over the past year, with a 483% surge compared to Ethereum's 31.71%. If XRP continues on its current trajectory, it could potentially overtake Ethereum as the second-largest cryptocurrency. However, XRP would need to surge 212% in price to achieve this. Analysts believe that while XRP is expected to hit $5.85 in the near future, Ethereum's growth has been slower but that ETH will eventually catch up with Bitcoin. Technical analysis suggests a target price for Ethereum of $4,500 and even as high as $7,100 in the near future. The MACD indicator suggests a bullish divergence for Ethereum, but the current focus is on XRP.
Content Editor ( coinedition.com )
- 2025-01-17
XRP vs. Ethereum: Can Ripple’s Token Stage Another Market Cap Upset?
